Showbiz Sandbox 266: Sundance Becomes A Little More International

Though the Sundance Film Festival has long been one of the more important festivals held each year, it was primarily known as a launching pad for American independent films and as such international attendance was minimal. That seems to have changed over the past few years as Sundance selections started receiving Oscar nominations. Now industry professionals from all over the world show up at the festival to find the next “Whiplash”, “Precious” or “Beasts of the Southern Wild”.

We didn’t have to travel from halfway around the world to attend this year’s Sundance, but we are in Park City and will fill you in on all the buzzworthy films, major acquisitions and festival news.

Meanwhile, the Producer’s Guild Awards muddied the waters in the current race for the Best Picture Academy Award. While everyone assumed “Boyhood” would walk off with the prize on its way to Oscar victory, “Birdman” swept in and unexpectedly stole it. Whether this is any indication as to how Oscar voters will cast their ballots is questionable.

Of course, we also cover the week’s top entertainment news stories including why American Idol winner Phillip Phillips is headed to court over his record contract, how James Patterson is promoting his new book and Mrs. Doubtfire is headed to Broadway.

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Showbiz Sandbox 248: Hollywood Squeezes States For More Tax Breaks

California is set to triple their tax subsidies for film and television production to more than $330 million annually in an effort to stem the tide of runaway production to states with larger tax incentives. Richard Verrier of the Los Angeles Times discusses the growing debate over the value of film tax breaks and whether they actually create new jobs, or just shift them to different locations.

There is absolutely no debate over whether this summer’s box office was down from the previous year. However as we explain, comparing year-over-year box office figures is misleading at best and ultimately a fool’s errand.

In an unusual move the rock band U2 will be giving away its new album “Songs of Innocence” to more than 500 million iTunes users for a limited time. Making the release free to download only serves to further underscore where most artists make their money these days; on tour.

Of course, we also cover the week’s top entertainment news stories including the new head of DreamWorks, why it will take a century for anyone to read author Margaret Atwood’s latest work and “The Simpsons” make their way to China.

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